Hyatt's profit jumps on strong US demand
July 31 (Reuters) - Hyatt Hotels Corp, which owns the Park Hyatt, Grand Hyatt and Andaz hotels, reported a higher quarterly profit as increased demand in the United States helped room rates and occupancy.
Net income almost tripled to $112 million, or 70 cents per share, in the second quarter from $39 million, or 24 cents per share, a year earlier.
Excluding items, the company earned 43 cents per share.
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